Erick, OK vs Walters, OK

Erick, OK and Walters, OK have a very similar cost of living, with only a 1.3% difference in their overall index. Erick scores 62 while Walters scores 62 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Erick is $790/month compared to $699/month in Walters — a 13% difference. Interestingly, home values tell a different story: while Walters has cheaper rent, Erick actually has lower median home values ($77,100 vs $127,100).

Median household income in Erick is $39,000 compared to $50,875 in Walters (-23.3%). While Walters is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Erick spend roughly 24.3% of their income on rent, more than the 16.5% in Walters.